IRDAI had issued the Corporate Governance Guidelines for Insurance Companies in India in the year 2016. The participation of the Authority in peer review process of IAIS on ICPs more particularly on ICP 5 – Suitability of Person, ICP 7 – Corporate Governance and ICP 8 – Risk Management and Internal Controls indicated that there is need to further strengthen the Guidelines.
. It may kindly be noted that annual quota of Urad for the year 2020-21 is 4 Lakh MT and will be effective from 1st May, 2020 to 31st March 2021. Accordingly, successful applicants will have to ensure that the import consignments of Urad reaches the Indian ports on or before 31.03.2021. Request for extension of time will not be entertained.
Annual quota of Urad for the year 2020-21 is 4 Lakh MT and will be effective from 1st May, 2020 to 31st March, 2021. Copy of the said Notifications is attached herewith for ready reference.
Build Operate and Transfer (BOT) Annuity Model: Under BOT annuity, a developer builds a highway, operates it for a specified duration and transfers it back to the government. The government starts payment to the developer after the launch of commercial operation of the project. Payment will be made on a six-month basis. Engineering, Procurement and […]
CBDT has released the synthesised text for India-Slovak Republic tax treaty. It represents their shared understanding of the modifications made to the Agreement by MLI. SLOVAK REPUBLIC AGREEMENT FOR AVOIDANCE OF DOUBLE TAXATION AND PREVENTION OF FISCAL EVASION WITH – SLOVAK REPUBLIC Whereas a Agreement between the Government of the Republic of India and the Government of the Czechoslovak Socialist […]
The recent fall of PMC Bank and the mighty YES Bank has sent shivers across the spine of many Deposit Holders of the bank. The depositors have started staring at their deposits in the entire banking system with suspicion. They are facing the prospects of BAIL-IN which, in extreme conditions can wipe out their money lying in the Banks.
CBDT has released the synthesised text for India-Poland tax treaty. It represents their shared understanding of the modifications made to the Agreement by MLI. SYNTHESISED TEXT OF THE MLI AND THE CONVENTION BETWEEN THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND THE REPUBLIC OF POLAND FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE […]
1. Deferment of the new GST return system and e-invoicing to 1st October 2020. The present return system (GSTR-1, GSTR-2A & GSTR-3B) will be continued until September 2020. 2. Changes in the GST rates GST on mobile phones and specified parts was increased from 12% to 18%. All types of matches have been rationalised to […]
CBDT has released the synthesised text for India-Australia tax treaty. It represents their shared understanding of the modifications made to the Agreement by MLI. AUSTRALIA SYNTHESISED TEXT OF THE MULTILATERAL CONVENTION TO IMPLEMENT TAXT REATY RELATED MEASURES TO PREVENT BASE EROSION AND PROFIT SHIFTING (MLI) AND THE AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF […]
CBDT has released the synthesised text for India-Singapore tax treaty. It represents their shared understanding of the modifications made to the Agreement by MLI. SYNTHESISED TEXT OF THE MULTILATERAL CONVENTION TO IMPLEMENT TAX TREATY RELATED MEASURES TO PREVENT BASE EROSION AND PROFIT SHIFTING (MLI) AND THE AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF INDIA […]
